Home / Knowledge / News / Apparel/Garments / Apparel retailer Cato Corp Feb sales rise 3%
Apparel retailer Cato Corp Feb sales rise 3%
07
Mar '14
The Cato Corporation reported sales for the four weeks ended March 1, 2014 of $87.0 million, a 3% increase over sales of $84.7 million for the four week period ended March 2, 2013. Same-store sales for the month increased 1% from the prior year. "February sales were negatively impacted by winter storms the first two weeks of the month.  
 
However, that impact was offset by strong selling in the last two weeks of the month driven by warmer weather and tax refund spending," stated John Cato, Chairman, President, and Chief Executive Officer.  
 
As of March 1, 2014, the Company operated 1,320 stores in 32 states, compared to 1,306 stores in 31 states as of March 2, 2013.
 
The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, "Cato", "Versona" and "It's Fashion".  The Company's Cato stores offer exclusive merchandise with fashion and quality comparable to mall specialty stores at low prices every day.  
 
Versona is a unique fashion destination offering accessories and apparel including jewelry, handbags and shoes at exceptional prices every day. Its Fashion offers fashion with a focus on the latest trendy styles for the entire family at low prices every day.  

Cato Corporation

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search